Target Hospitality (TH) Market Capitalization (2018 - 2026)
Target Hospitality (TH) reported Market Capitalization of $2.04 billion for Q2 2026, up 187.4% from $710.42 million a year earlier and up 119.7% from the prior quarter.
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Analysis
Target Hospitality (TH) Market Capitalization (2018 - 2026) Analysis & Trends
For FY2025, Target Hospitality posted Market Capitalization of $799.38 million, down 16.4% from FY2024.
- Market Capitalization has declined for three consecutive years, though with a five-year compound annual growth rate of 38.0% (FY2020 to FY2025).
- By year, Market Capitalization came in at $955.88 million in FY2024 (-3.4%), $989.16 million in FY2023 (-34.9%), $1.52 billion in FY2022 (+318.5%) and $362.95 million in FY2021 (+127.1%).
- The Q2 2026 figure ranks as the highest quarterly Market Capitalization in data going back to Q1 2018.
- Year over year, Market Capitalization gained in three of the last eight quarters, with growth averaging 13.5%.
- The high point for year-over-year Market Capitalization in five years was Q4 2022 (growth of 318.5%); the low point was Q3 2024 (a decline of 51.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $929.43 million (Q1 2026), $799.38 million (Q4 2025) and $846.13 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 65.16 Bn | 63.92 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 62.90 Bn | 60.50 Bn | 1.98 Bn |
| 3 | Fastenal | 59.23 Bn | 58.16 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 44.18 Bn | 41.39 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.48 Bn | 31.36 Bn | 1.25 Bn |
| 6 | Reliance | 21.25 Bn | 20.29 Bn | 1.30 Bn |
| 7 | Wesco International | 16.67 Bn | 13.99 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.39 Bn | 12.26 Bn | 411.22 Mn |
| 9 | Watsco | 11.48 Bn | 9.16 Bn | 578.93 Mn |
| 10 | Target Hospitality | 1.55 Bn | 1.50 Bn | 15.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.04 Bn |
| Mar 31, 2026 | 929.43 Mn |
| Dec 31, 2025 | 799.38 Mn |
| Sep 30, 2025 | 846.13 Mn |
| Jun 30, 2025 | 710.42 Mn |
| Mar 31, 2025 | 653.82 Mn |
| Dec 31, 2024 | 955.88 Mn |
| Sep 30, 2024 | 780.36 Mn |
| Jun 30, 2024 | 874.75 Mn |
| Mar 31, 2024 | 1.09 Bn |
| Dec 31, 2023 | 989.16 Mn |
| Sep 30, 2023 | 1.61 Bn |
| Jun 30, 2023 | 1.36 Bn |
| Mar 31, 2023 | 1.33 Bn |
| Dec 31, 2022 | 1.52 Bn |
| Sep 30, 2022 | 1.23 Bn |
| Jun 30, 2022 | 555.18 Mn |
| Mar 31, 2022 | 581.62 Mn |
| Dec 31, 2021 | 362.95 Mn |
| Sep 30, 2021 | 379.85 Mn |
API Access
Target Hospitality Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "TH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();